The vision of the policy is to establish Haryana as a competitive and favored investment destination, achieve regional development, export diversification and augment livelihood opportunities for its people through resilient economic development. The policy objective is to attract investments of INR 1 lakh crore and generate 5 lakh jobs in the State.
Generate 5 lakh jobs
Attract investments over INR 1 lakh crore
Double the exports to INR 2 lakh crore
Re-evaluate at least 100 State statutes (Acts, Rules and guidelines) and make them more amenable to investors
Strengthen supply chain facilities and infrastructure across 22 districts
To reduce the cost of doing business in the State investment subsidy in lieu of Net SGST paid shall be provided to the investor @ 30% – 100% Net SGST reimbursement for 5-10 years. The quantum of incentive shall vary as per the segment i.e. Micro, Small, Medium, Large and Mega and as per the location of the project.
2. INVESTMENT SUBSIDY IN LIEU OF NET SGST:
To reduce the cost of doing business in the State investment subsidy in lieu of Net SGST paid shall be provided to the investor @ 30% – 100% Net SGST reimbursement for 5-10 years. The quantum of incentive shall vary as per the segment i.e. Micro, Small, Medium, Large and Mega and as per the location of the project.
3. SUPPORT TO RURAL INDUSTRIES:
In order to boost rural industries, a specific scheme i.e. Haryana GraminUdyogikVikasYojna shall be introduced for micro enterprises in rural areas with the incentives i.e. Capital Subsidy @15% up to INR 25 lakh, Interest Subsidy @ 7% for term loan up to INR 8.00 lakh/year for 7 years, DG set subsidy has @INR 8000 per KVA up to 50% of cost of DG set.
4. ZERO DEFECT AND ZERO EFFECT:
To adopt this concept, the financial support for technology acquisition @ 75% maximum of INR 50 Lakh, quality certification @ 50% maximum of INR10 Lakh, patent registration @ 100% maximum of INR 25 Lakh, testing equipment @ 50% maximum of INR20 Lakh, technology upgradation and assistance for establishment of Effluent Treatment Plant for environment compliance @ 50% maximum of INR 50 Lakh will be provided. The financial support for, availability of finance through credit linked interest subsidy scheme @ 5% maximum of INR 10 lakh per year and credit rating will also be extended.
5. SERVICES SECTOR:
In order to attract investment in Services Sector for the identified services, fiscal incentives such as investment subsidy in lieu of SGST net paid @ 50%, Electricity Duty Exemption @50% – 75% and Refund of Stamp Duty @ 30% – 50%, shall be offered.
6. CATEGORIZATION OF BLOCKS:
The entire State has been divided into 4 categories of blocks based on the level of industrialization, level of socio-economic development, locational advantage i.e. connectivity to highway, airport etc., state of infrastructure development and level of skill development that has taken place in these areas/blocks. The four categories are – Developed (A) Intermediate (B) Backward (C) & Most Backward (D) blocks. The list of these blocks is attached at Annexure-3. The Government may change the category of any block at any time depending upon the changed scenario.
